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Real estate news today: HCMC approves conversion of 9.5 ha of agricultural land; waterfront project may add a 108-storey tower; transaction volume drops sharply; multiple project and planning updates

Amid signs of diversification in demand and transaction flows, the real estate market continues to see notable updates regarding legal status, planning and project execution. In Ho Chi Minh City, the city allows R&L Group Joint Stock Company to convert more than 9.5 ha of agricultural land into a residential development project, An Hoa Ecological Residential Area, in Long Dien Commune. Meanwhile, another eco-tourism urban area in Vinh Thanh and Dong Anh communes is reported to potentially add a 108-storey tower, comparable in scale to towers planned in BRG and Sumitomo projects. On the planning side, HCMC is also mentioned for approving an urban area for social housing with a planned implementation area of nearly 192 ha and an estimated population of 67,465. In Hanoi, the city’s plan to look up the land-recovery project categories is highlighted, covering nearly 4,000 projects through to 2030. Regarding policy direction and pricing, the information focuses on transparency and ris...

Real estate news snapshot: Hanoi plans to recover nearly 4,000 land projects; HCMC approves a 192-ha urban area; new projects and openings stand out

In the planning and public investment segment, Hanoi is reported to prepare a land recovery plan potentially covering nearly 4,000 projects across wards and communes within the city, aiming for implementation until 2030. In a separate development, Ho Chi Minh City has approved a zoning plan for a new residential urban area of nearly 192 hectares, indicating a planned population scale of 67,465 people and a framework aligned with a 1/2,000 land-use zoning ratio. On the project market, updates span from apartment offerings to larger township-style developments. Notably, Bcons Central Park is set to be rolled out with an addition of 2,820 apartments and 113 shophouses in Tam Hiep, Dong Nai. Meanwhile, Khai Hoan Imperial is also highlighted for its planned rollout in Thuan An, positioned about 400m from the Thu Dau Mot - Tao Dan metro station as stated in the planning, while also benefiting from access to industrial zone infrastructure and amenities that have already formed. In Thua Thie...

Real estate news roundup today: Planning concerns and buyer sentiment; multiple projects kick off/advance; market and finance perspectives on leasing and stocks

Against a backdrop where homebuyers in Ho Chi Minh City still hold concerns, the market continues to focus on whether housing is affected when it is not aligned with local planning, especially as people worry about the risk of putting money into projects amid possible plan adjustments. Meanwhile, information about new project deployment across multiple localities suggests that development momentum remains present, offering more options for end-users and investors. Notably, several projects tied to spatial and infrastructure strategy are highlighted. Imperial Hoàn Khởi in Thuận An is mentioned as being about 400 meters from the planned route connecting to Thủ Dầu Một Metro station, while also benefiting from nearby industrial zones and existing utilities. In Đà Nẵng, Sun Group is referenced with a social housing area for 221 units within the An Hòa – Sun Homes residential area. Other updates reflect more diverse directions in development, from apartment renovation toward an open layou...

Today’s highlights: $1.8B+ urban area in Khanh Hoa; office market reacts to supply trends; projects keep expanding across provinces

In the real estate sector, Khanh Hoa reported plans to develop an urban area worth more than $1.8 billion in Bac Nha Trang Ward, covering nearly 255 hectares. Alongside this, other projects and new living spaces are also in focus. Long Bien is set to add integrated spaces for living, working, retail and services. In Da Nang, the city has approved a 1/2000 zoning plan for the Khe Ram tourism area, with proposed components such as a boat docking zone and premium resort areas. In the northern part of Ho Chi Minh City area coverage, SkySOLIS by SkyWorld is set to develop 1,101 products in Lai Thieu Ward, adding supply for apartments and shophouses. At the market level, the news also points to both supply dynamics and ongoing discussions about rental costs. The information mentions that the office market has ample supply, pushing the share of Grade A offices higher to nearly 30%, prompting many investors to further apply incentive policies. In rental housing, there are views suggesting th...

Real estate & lifestyle roundup: signals on housing supply, rental price pressure, and new projects

Against a backdrop of shifting supply and costs in the real estate market, several updates stand out for both housing supply and rental demand. On the housing side, commentary suggests that abundant supply may support pricing, as the information points to the need for many developers to increase incentives after an estimated 30% impact is mentioned. For the rental segment, there is also an opinion that tenants and landlords may consider switching to smaller-apartment rentals as an alternative to “balancing” affordability, with a note that moving from a 2-bedroom option to a smaller unit could involve an increase of around 6 million VND per month. In terms of pricing pressure, another report notes that rising land and apartment prices, coupled with higher interest rates, makes premium homes harder to change hands, and that deals may increasingly depend on accepting “premium” value beyond the stated transaction costs. Alongside price and supply dynamics, other news focuses on project d...

Top news today: HCMC recovers land plot of over 4,000 m2 in An Lac; property market sees updates on projects and planning

In the real estate sector, Ho Chi Minh City has reportedly recovered a 4,086 m2 land plot in An Lac Ward that was previously assigned to Gia Long Real Estate to develop a high-rise housing project, but implementation had been slow. In another development, Da Nang was mentioned as having approved a 1/2000 detailed-planning scheme for the Khe Ram tourism area in Hai Van Ward, with plans that include a boat dock and a high-end resort zone, covering roughly 160 hectares. The news also points to updates to the Thủ Thiêm new urban area, where Thu Thiem Zeit River and Empire City are added to the list of housing projects that foreign investors are allowed to own. On the market and supply side, SkyWorld is set to develop more than 1,000 apartments in Lai Thieu Ward, featuring 1,101 units under the SkySOLIS project, along with additional supply of apartments and shophouses for the northern area of Ho Chi Minh City. In Ho Chi Minh City, other updates include Palm River adding riverside housing...

Today’s news roundup: High home prices weigh on sales liquidity in HCMC; real estate keeps adjusting expectations

Amid ongoing pressure from purchasing costs and access to capital, multiple signals suggest that real estate liquidity remains strained. In Ho Chi Minh City, high-priced homes are becoming increasingly difficult to sell, with demand weakening and high-end apartment units taking longer to change hands. Related concerns are also highlighted through a case study of a home loan where interest and transaction expenses reduced overall effectiveness, underscoring cost-related risks in leveraged purchases. At the macro and international level, reporting from the Federal Reserve Bank of New York indicated that in Q2, mortgage delinquency related to home loans in the U.S. rose to the highest level in more than 10 years. Meanwhile, within Vietnam, hotel market performance shows a contrasting picture: Savills reported that hotel room rates in Ho Chi Minh City increased by 20% in Q2 compared with the same period last year, supported by international leisure and business demand as well as conferen...

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